Property Portfolio

Retail

Gauteng

Property company/name

Key

Location

Site

area

(m²)

Rentable

area

(m²)

Weighted

average

rental

per m²

(R)

Value

R’000

Cambridge Crossing

(c)

Sandton

12 478

4 715

167

144 000

Celtis Ridge Shopping Centre, Centurion

(g)

Celtisdale

21 231

7 223

160

126 000

Coachman’s Crossing

(f)

Sandton

15 860

6 377

173

134 000

Comaro Crossing

(c)

Oakdene

24 067

13 712

136

262 000

Cullinan Jewell Shopping Centre

(f) (j)

Cullinan

10 753

3 499

103

39 200

East Point

(c)

Boksburg

98 202

45 690

171

1 210 000

Forest Road Design & Décor Centre

(c)

Fourways

21 933

11 460

211

136 000

Kempton Shoprite Checkers

(c)

Kempton Park

49 124

10 224

70

95 000

Midway Mews

(g)

Halfway Gardens

28 198

6 756

162

160 000

Montana Crossing

(g)

Montana

69 733

23 229

113

309 000

Northpark Mall

(c)

Pretoria North

20 415

12 152

112

92 000

Town Square Shopping Centre

(c)

Waltevredenpark

25 027

5 655

190

146 000

Willow Way Shopping Centre

(f)

Lynwood

26 482

7 957

135

115 800

Morning Glen Mall

(c)

Sandton

21 499

17 871

156

369 000

51 Pritchard Street

(c)

Johannesburg

4 974

15 030

107

190 000

African City

Johannesburg

10 605

3 387

173

70 000

KwaZulu Natal

Property company/name

Key

Location

Site

area

(m²)

Rentable

area

(m²)

Weighted

average

rental

per m²

(R)

Value

R’000

50 Griffiths Mxenge Highway

(a) (g) (h)

Umlazi

4 867

3 237

127

41 100

Bluff Shopping Centre

(e)

Bluff

48 637

24 551

150

463 000

Davenport Square Shopping Centre

(g)

Glenwood

18 544

8 520

194

195 000

Hayfields Mall

(f)

Pietermaritzburg

34 683

11 942

188

258 000

Musgrave Centre

(c)

Musgrave

25 892

39 249

222

1 096 000

Pine Walk Centre

(f)

Pinetown

13 889

8 513

147

132 000

Springfield Value Centre

(c)

Springfield

52 020

20 317

174

462 000

Umlazi Mega City

(a) (g) (h)

Umlazi

163 300

34 660

163

675 000

Western Cape

Property company/name

Key

Location

Site

area

(m²)

Rentable

area

(m²)

Weighted

average

rental

per m²

(R)

Value

R’000

Stellenbosch Square

(g) (i)

Stellenbosch

34 753

5 807

129

100 000

Total

3 507 559

1 537 063 000

16 832 933

Investment property – at valuation

12 783 947

Properties under development

3 160 250

Properties classified as held for disposal

888 736

Total

16 832 933


(a) Indicates leasehold properties with leases expiring between 2025 and 2049.

(b) Before straight line rental adjustment

(c) Indicates properties bonded with Mega Pool

(d) Indicates properties bonded with Agense Francaise Developpement (AFD)

(e) Indicates properties bonded with Omsfin

(f) Indicates properties bonded to R2bn Syndicated loan

(g) Indicates properties bonded to R1.5bn Syndicated loan

(h) Indicates a 75% share in property

(i) Indicates a 50% share in property

(j) Indicates properties held for disposal